Net Zero Strategy
Ambienta has established a Net Zero Strategy to decarbonize its own operations and has become Climate Neutral.
As a leading sustainability-focused asset manager, and a proud signatory of the UN Principles for Responsible Investment (UN PRI) since 2012, taking an active role in achieving net zero is an economic imperative for us.
As such, in 2019 the firm committed to Net Zero by 2030 at the UN Climate Change Conference COP25 and achieved Climate Neutral label already in 2020, confirmed for a third consecutive year in 2022.
This certification is the first achievement of Ambienta’s industry-leading Net Zero Plan, which aligns with the firm’s core sustainability mission and ambitions set with respect to climate change mitigation. The Plan is rooted in the firm-wide Net Zero Policy which outlines our approach and guidelines to achieve and maintain net zero emissions. The Plan rests on three main pillars:
- decarbonization of company’s operations
- meaningful offset projects
- guidelines for promoting climate consciousness among stakeholders.
Decarbonization of company’s operations
As a responsible asset manager, we take every opportunity to engage on environmental issues in our operations across all offices, in line with a global commitment to curb greenhouse gas emissions. We are shifting our offices to renewable energy working alongside our tenants, increasingly reducing business travel by establishing video conferencing policy for all meetings including boards and investment committee and we are encouraging employees to switch to electric mobility.
Ambienta seeks to invest in meaningful carbon offset projects aimed at reducing emissions from conservation, sustainable management of forests and enhancement of forest carbon stocks, contributing extensively to climate change mitigation efforts.
In 2020, Ambienta invested in two projects to achieve neutrality; a conservation project in Zimbabwe called Kariba REDD+ and an afforestation initiative in Kenya. The latter, still ongoing, is a unique project that enables to support reforestation and replenish depleted areas while providing local communities with alternative income solutions deriving from agricultural practices. In 2021, to confirm our climate neutrality, Ambienta further invested in Maisa REDD+, an Amazon Forest conservation project in Brazil while in 2022 we invested in RMDLT PORTEL-PARÁ REDD+ project.
RMDLT PORTEL-PARÁ REDD+
The Brazilian Rosewood Amazon Conservation (RMDLT) project, located in the State of Pará, in Brazil, supports the fragile ecosystem of the Amazon rainforest by preventing deforestation and providing opportunities for degraded forests to regenerate, while improving the livelihoods of families living in the project area.
By conserving the Project’s forests, various species of fauna and flora, some in critical danger of extinction, are protected, also with the help of local communities. The project directly supports the 2030 Agenda for Sustainable Development by contributing to the UN Sustainable Development Goals (SDGs).
Ambienta Seeds the Change
Kenya is crossed by the Equator from east to west and by the Rift Valley from north to south. Because of the Rift Valley, the Kenyan territory also includes many freshwater and salt lakes, and display a widespread geothermal activity.
Ambienta started supporting in 2020 a large-scale reforestation initiative in Kenya to replenish depleted rural areas by involving local institutions and providing local communities with alternative income solutions deriving from agriculture practices.